Santa Fe Gold Announces Engagement of International Monetary as its Investment Banking & Strategic Advisor

A Cutting Edge Leading Financial and Strategic Advisory Firm with Proven Experience and Highly Accomplished Professionals has been retained to Support and Enhance Santa Fe's Continued Growth and Expansion of Operations, Accretion of Ongoing Acquisitions and Acceleration of its Precious and Base Metals Production Agenda

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| Source: Santa Fe Gold Corporation

ALBUQUERQUE, N.M., Dec. 09, 2016 (GLOBE NEWSWIRE) -- Santa Fe Gold Corporation (OTC:SFEG), a U.S.-based mining and exploration enterprise with emphasis on Gold, Silver, Copper and industrial metals and owner of multiple claims, including the Malone Mines Complex incorporating 20 associated mine sites and in addition, the Playas Lake Bed area of Hidalgo County, New Mexico is pleased to retain International Monetary ("IM") as its Investment Banking & Strategic Advisory firm to provide capital resources, structure financing, proprietary investor relations services (IR), advice on maximizing growth and valuation, M&A advisory and counsel to the company's management on other strategic decisions.

"International Monetary ("IM") has a highly comprehensive direct connection to the investment community which will help us quickly move forward with our strategy," said Tom Laws, CEO of Santa Fe Gold. "Their vast experience and extensive reach will aid in our overall market support and depth, which is where we have needed additional exposure to Wall Street and the right kind of mining focused investors, overall marketplace and professional help and guidance in the past."

Tom Laws continued: "International Monetary is one of the premier investment banking and consulting firms in the United States, catering specifically to small capitalization public companies. With its team of accomplished professionals serving its corporate clients, IM has the broad experience and resources to quickly facilitate financing, deliver powerful investor awareness services, tactical advisory, and bring a substantial knowledgebase to the table for strategic decision making with strong emphasis on growth". 

"We are delighted to be associated with this premier Investment Banking firm in this industry at this exciting time for Santa Fe."

MB Riley, Managing Director of IM, states, "Santa Fe Gold represents a compelling and dynamic growth opportunity in the emerging mining sector, positioning the Company for significant expansion. With all-time record gold investments in 2016 and a rapidly recovering precious and base metals industry, the target market broadens each day in the U.S. and around the world."

Newport Beach-based International Monetary will provide Santa Fe Gold with a complete suite of services ranging from the preparation of corporate documents to providing advice, guidance and dedicated assistance in maximizing shareholder value.

About International Monetary

Founded in 1997, IM recognized a need to provide Investment Banking Services with the kind of speed and precision that is needed in the new Internet world and high technology economy. IM focuses on turnaround situations and rapidly growing small companies with exceptional upside potential, specializing in debt/equity financing of under $1 Billion.  IM is led by a team of Managing Directors that provide a number of strategic advisory services including: Equity/Debt capital resources, structuring financing for Mergers and Acquisitions, International Licensing, Commercialization, Retail/Wholesale Product/Service Distribution, Advertising & Marketing and Shareholder Enhancement Services are all part of our extensive range of services.

To find out more about International Monetary (IM) and the services we offer, please go to www.intlmonetary.com.

About Santa Fe Gold 

Santa Fe Gold is a U.S.-based mining and exploration enterprise and owns the following mining assets: The Knight’s Peak region of Grant County, New Mexico comprising the Malone Mines, Patanka, Hillcrest Barranca and Principal Mines altogether incorporating some twenty mine sites and all located at Knight’s Peak together with an extensive expanded area surrounding the Malone Mines in the southern region of Burro Mountains, New Mexico. It also owns multiple claims in the Playas area of Hidalgo County, New Mexico. The company has also acquired considerable additional resources expected to be announced in due course.

The audit of the company’s financials is in the final stages of completion and review and is expected to be announced soon.

Santa Fe’s Exploration and Development Team continues to analyze a number of attractive, economically viable opportunities and execute on the company's acquisition program that should enable resumption of mining and production operations soon.

For more information please visit www.santafegoldcorp.com.

Forward Looking Statements

Please refer to previous announcements for all disclosures re: Santa Fe Gold's acquisition of Malone Mines, available at website.

Contact
Frank Mueller, CFO
505-255-4852
info@santafegoldcorp.com